$LTC Litecoin is currently hovering near the key support level at US$83.11, with price action showing signs of weakening momentum.
👉The EMA structure is bearish, as the short-term moving average remains below the long-term one—often interpreted as a continuation signal for the decline.
💣If this support fails, LTC could drop to lower levels, with US$81.30 as the next potential downside target.
🎉However, a change in momentum could lead to a recovery, especially if Litecoin reclaims higher positions and retests resistance at US$86.31.